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$BIT Mining(BTCM)$ $Bitwise Bitcoin ETF(BITB)$ 

Just a few years back, only the early cryptocurrency fans celebrated Bitcoin's halving as a key part of its rebel, anti-establishment nature. But now, big Wall Street players are into it, and even regular folks are curious about what it means for Bitcoin.

The halving, which happens every four years, cuts the supply of Bitcoin in half, making it feel like "digital gold" because there's less of it. This usually leads to a new cycle and a price surge, but this time, things are a bit different.

Experts think this halving, happening in 2024, is extra special because Bitcoin's already hit highs from previous cycles before the event, which hasn't happened before. So, predicting how big the surge will be is tricky.

The question of whether the Bitcoin price has already incorporated the effects of the halving is subject to disagreement among professionals. Some contend that the market preempts the halving and aligns prices in advance, whereas others posit that there remains potential for continued price appreciation post-halving. This dynamic is influenced by a multitude of factors, encompassing market sentiment, investor conduct, and external occurrences. Consequently, while certain stakeholders may assert that the halving has been factored into current prices, others maintain that there is ongoing potential for upward movement in Bitcoin's valuation.

Bitcoin's price surged by 93x, 30x, and 8x after the last three halvings. But some think those huge jumps might not happen again because the supply is already smaller, and the impact might not be as big.

However, others are pretty hopeful about this year, especially because of the new demand from ETFs. This cycle might be shorter but more intense, possibly peaking in late 2024 or early 2025.

So, whether you're interested in Bitcoin as a new kind of money or just want to guess where the price will go, understanding the halving is key. It's when the rewards for Bitcoin miners get cut in half, making Bitcoin scarcer and potentially more valuable.

I personally am not invested in Bitcoin main however have been in and out of ETF $Bitwise Bitcoin ETF(BITB)$  with small profits made.

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